Cadre Holdings, Inc. (NYSE:CDRE – Free Report) – Research analysts at Roth Capital increased their FY2026 earnings estimates for shares of Cadre in a report released on Friday, January 17th. Roth Capital analyst M. Koranda now anticipates that the company will post earnings per share of $1.54 for the year, up from their previous forecast of $1.49. The consensus estimate for Cadre’s current full-year earnings is $1.06 per share.
Separately, Roth Mkm cut their price target on Cadre from $39.00 to $37.00 and set a “buy” rating for the company in a research note on Thursday, November 7th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $39.75.
Cadre Stock Up 2.2 %
Cadre stock opened at $39.02 on Monday. Cadre has a 12-month low of $29.18 and a 12-month high of $40.28. The company has a market capitalization of $1.58 billion, a PE ratio of 47.01, a PEG ratio of 1.75 and a beta of 1.24. The firm’s fifty day moving average is $33.87 and its 200 day moving average is $35.45. The company has a quick ratio of 1.96, a current ratio of 3.01 and a debt-to-equity ratio of 0.65.
Cadre (NYSE:CDRE – Get Free Report) last released its quarterly earnings results on Wednesday, November 6th. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.03. The firm had revenue of $109.41 million during the quarter, compared to the consensus estimate of $126.27 million. Cadre had a net margin of 6.34% and a return on equity of 12.88%. The company’s revenue for the quarter was down 12.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.29 earnings per share.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the stock. Harel Insurance Investments & Financial Services Ltd. lifted its holdings in shares of Cadre by 51.9% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 3,066 shares of the company’s stock worth $99,000 after buying an additional 1,048 shares in the last quarter. SG Americas Securities LLC purchased a new position in Cadre during the 4th quarter valued at approximately $100,000. Canada Pension Plan Investment Board bought a new position in shares of Cadre during the 2nd quarter valued at approximately $141,000. Franklin Resources Inc. bought a new stake in Cadre in the third quarter worth $208,000. Finally, Truist Financial Corp bought a new position in Cadre during the second quarter valued at $209,000. 43.95% of the stock is owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In related news, Director Nicolas Sokolow sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $33.78, for a total value of $337,800.00. Following the sale, the director now owns 471,709 shares in the company, valued at approximately $15,934,330.02. This trade represents a 2.08 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Warren B. Kanders sold 25,000 shares of the stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $35.83, for a total value of $895,750.00. Following the transaction, the chief executive officer now directly owns 11,532,211 shares in the company, valued at $413,199,120.13. The trade was a 0.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 226,310 shares of company stock worth $7,704,941. Company insiders own 37.00% of the company’s stock.
Cadre Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Friday, January 31st will be paid a dividend of $0.095 per share. This is a positive change from Cadre’s previous quarterly dividend of $0.09. This represents a $0.38 dividend on an annualized basis and a dividend yield of 0.97%. Cadre’s payout ratio is presently 42.17%.
Cadre Company Profile
Cadre Holdings, Inc manufactures and distributes safety that provides protection to users in hazardous or life-threatening situations in the United States and internationally. The company operates in two segments, Products and Distribution. It offers body armor product, such as concealable, corrections, and tactical armor under the Safariland and Protech Tactical brand names; survival suits, remotely operated vehicles, specialty tools, blast sensors, accessories, and vehicle blast attenuation seats for bomb safety technicians; bomb suits; duty gear, including belts and accessories; and other protective equipment comprising communications gear, forensic and investigation products, firearms cleaning solutions, and crowd control products.
Featured Articles
- Five stocks we like better than Cadre
- Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time
- SAP’s Strong Momentum: A Bullish Setup for Investors
- What Investors Need to Know About Upcoming IPOs
- BlackRock Breaks Records: Why the Stock Still Has Room to Run
- What is a SEC Filing?
- Duke vs. NRG: Which Energy Stock Will Power Higher Gains?
Receive News & Ratings for Cadre Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cadre and related companies with MarketBeat.com's FREE daily email newsletter.